The transaction performance is still not satisfactory, causing the spot ductile iron manhole cover price to be lowered twice.
In the middle of the session, the screw plunged again, and the transaction performance was still unsatisfactory. The spot ductile iron manhole cover price was lowered twice, and the cumulative decline was as high as 50-60 yuan / ton. Among them, the thread of large factories was generally lower than 3900 yuan / ton. Towards the end of the month, market capital pressure is tightening, coupled with the recent concentrated rainy weather, which has hindered downstream transactions to a certain extent. Merchants have a strong mentality of reducing prices and shipping, and short-term prices may continue to fluctuate downward.
In terms of steel plants, on May 23, Shanxi Jianlong issued a construction steel price policy as follows: the price of three-tier rebar is reduced by 35 yuan / ton: the current ex-factory price of HRB400Φ12-14mm rebar is 3945 yuan / ton; the ex-factory price of HRB400Φ16mm rebar is 3835 yuan / ton; HRB400 Φ18-25mm rebar ex-factory price is 3805 yuan / ton; Φ28-32mm rebar 9 meter ex-factory price is 3845 yuan / ton; disc screw price is reduced by 10 yuan / ton: now HR400 Φ8-10mm disc screw factory The price is 3940 yuan / ton; the price of wire rod is reduced by 10 yuan / ton: the current ex-factory price of HPB300Φ8-10mm high line is 3840 yuan / ton; the ex-factory price of HPB300Φ6.5mm high line is 3900 yuan / ton. The above adjustments are tax-included and will be implemented from May 23, 2018.
According to the news, 21 regions of steel production capacity started special spot checks; the last issue: promote the innovation of steel futures products and the internationalization process; the Development and Reform Commission required coal companies to reduce the spot coal price to less than 570 yuan by June 10. On the whole, the transaction has not improved, the price decline has intensified, and the short-term building materials will continue to be weak.